Property profile

12330 Northup Way Bellevue, WA 98005

OFF-MARKET
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Property ID
US90-1704675
8,800 SF 0.83 ac Built 1980
Last sale Jul 2020·$8,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This commercial property is configured to provide office space and is located just off the WA-520 and 124th Ave NE interchange on an on/off ramp near the entrance to the Spring District, offering access to major highways. The available office space encompasses approximately 4,473 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$25k
Tax billed · 2022
Assessed value$3.60M
Assessed land$3.59M
Assessed improvement$1k
Effective rate0.71%

Value estimate

· Nov 2026
$9.12M
$8.20M – $10.03M
AI approach$8.71M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$287/SF
County average, outlier-cleaned · 375 recorded sales of this use type
Observed band · Q1–Q3$185 – $465
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BR-GC
The purpose of the BelRed-GC Land Use District is to provide an area for a wide variety of business activities that provide goods and ser...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.0
Catering Service8.7
Butcher8.3

Location

12330 Northup Way Bellevue, WA 98005-1915
County assessor Recorded deeds · 4 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13222 30th, Bellevue, WA 98005-4459 $12,300,000 Apr 2022 12,032 SF
1525 132nd NE, Bellevue, WA 98005-2238 $18,200,000 Mar 2022 7,326 SF
13212 Bel Red, Bellevue, WA 98005-2311 $46,350,000 Sep 2020 9,750 SF
1600 127th NE, Bellevue, WA 98005-2136 $12,993,700 Jan 2020 7,200 SF
13600 20th, Bellevue, WA 98005-2000 $16,250,000 Dec 2019 9,800 SF
13622 20th, Bellevue, WA 98005-4900 $16,250,000 Dec 2019 6,616 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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